GAIL (India)'s Q3 FY 2025-26 Quarterly Results

Result Summary

• GAIL (India) Ltd reported a 0.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 4.6%.
• Its expenses for the quarter were up by 0.6% QoQ and down 3.1% YoY.
• The net profit decreased 13.1% QoQ and decreased 57.7% YoY.
• The earnings per share (EPS) of GAIL (India) Ltd stood at 2.67 during Q3 FY 2025-26.

Financial Statments for Q3 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

GAIL (India) Ltd is a leading public sector enterprise and the largest state-owned natural gas processing and distribution company in India. It operates within the energy sector, primarily focusing on the transmission and marketing of natural gas. GAIL also engages in the production of liquid hydrocarbons, LPG transmission, and petrochemicals manufacturing. As a significant player in India's energy infrastructure, GAIL is involved in various segments, including natural gas transmission, petrochemicals, liquefied petroleum gas transmission, and telecommunications. Although specific recent major developments are not provided, GAIL's strategic initiatives generally aim at expanding its pipeline network and enhancing its presence in renewable energy.

Revenue

During the third quarter of the fiscal year 2026 (Q3FY26), GAIL (India) Ltd reported a total income of ₹35,511.42 crores. This marks a slight reduction of 0.7% compared to the previous quarter (Q2FY26), where the total income was ₹35,773.66 crores. When compared to the same quarter of the previous fiscal year (Q3FY25), the total income decreased by 4.6% from ₹37,212.79 crores. This YoY and QoQ reduction in total income highlights a downward shift in revenue generation over the periods considered. The data indicates a need to examine underlying factors contributing to these variations in income.

Profitability

For Q3FY26, GAIL (India) Ltd's profit before tax was recorded at ₹1,819.35 crores, reflecting a decrease of 20.4% from the previous quarter's profit of ₹2,286.27 crores. Compared to Q3FY25, which reported a profit before tax of ₹4,878.69 crores, there was a substantial decline of 62.7%. The tax expenditure for Q3FY26 was ₹435.51 crores, showing a decrease of 24.5% from Q2FY26 and a 63.3% reduction from Q3FY25. Profit after tax for Q3FY26 stood at ₹1,729.13 crores, decreasing by 13.1% from Q2FY26 and by 57.7% from Q3FY25. Earnings per share for the current quarter were ₹2.67, down from ₹3.00 in Q2FY26 and ₹6.21 in Q3FY25, indicating a decrease of 11.0% QoQ and 57.0% YoY. This data reveals significant changes in profitability metrics over the considered periods.

Operating Metrics

The total expenses for GAIL (India) Ltd in Q3FY26 were ₹33,692.07 crores, showing a marginal increase of 0.6% compared to Q2FY26, which had total expenses of ₹33,487.39 crores. When compared to Q3FY25, total expenses fell by 3.1% from ₹34,774.13 crores. This slight QoQ increase and YoY decrease in expenses reflect changes in the company's cost structure. The company's ability to manage its expenses relative to income appears to be a factor influencing its overall financial performance. The variations in these operating metrics provide insight into the company's current operational efficiency and cost management strategies.